2590-AB37 202404 Unified Agenda of Federal Regulatory and Deregulatory Actions 2590 Federal Housing Finance Agency FHFA Federal Home Loan Bank Affordable Housing Program Regulation Amendments

The Federal Home Loan Bank Act requires each Federal Home Loan Bank to establish an Affordable Housing Program (AHP) to subsidize the purchase, rehabilitation, and construction of affordable rental and owner-occupied housing. 12 U.S.C. 1430(j). FHFA plans to amend the AHP regulation to streamline certain requirements and expand access to AHP programs. Revisions may include updating AHP regulatory provisions for revolving loan funds, updating the AHP application process, assessing options for AMI flexibility in high-cost areas, increasing per household homeownership set-aside grants in high-cost areas, and revising certain project compliance and monitoring requirements to increase programmatic efficiency.

]]> Other Significant Previously Published in The Unified Agenda Long-Term Actions Undetermined No 12 CFR 1291 12 U.S.C. 1430(j) 12 U.S.C. 4511(b)(2) No NPRM To Be Determined No No None No No www.fhfa.gov; www.regulations.gov www.fhfa.gov; www.regulations.gov No No Ted Wartell Associate Director, Office of Housing and Community Investment, DHMG 2590 Federal Housing Finance Agency FHFA 202 649-3157 ted.wartell@fhfa.gov 400 Seventh Street SW, Washington DC 20219 Carey Whitehead Assistant General Counsel 2590 Federal Housing Finance Agency FHFA 202 649-3630 carey.whitehead@fhfa.gov 400 Seventh Street SW, Washington DC 20219